Recently, the biotech industry has taken a bit of a slower stance toward growth. With the Covid-19 pandemic in the rearview mirror, the focus of major pharmaceutical developers and biotech companies shifted back toward chronic diseases like diabetes, cancer, and heart disease. And while these illnesses are certainly important to treat, particularly in the U.S., they don’t offer the same kind of dynamic growth that vaccine companies experienced at the height of the race to develop the vaccine for Covid. Two ...

NORTH CHICAGO, Ill., June 21, 2024 /PRNewswire/ -- The board of directors of AbbVie Inc. (NYSE: ABBV) today declared a quarterly cash dividend of $1.55 per share. The cash dividend is payable August 15, 2024, to stockholders of record at the close of business on July 15, 2024.Since the company's inception in 2013, AbbVie has increased its dividend by more than 285 percent. AbbVie is a member of the S&P Dividend Aristocrats Index, which tracks companies that have annually increased their dividend for at leas ...

Ms. Austin assumes role from Glenn F. Tilton, who will continue to serve as an independent directorNORTH CHICAGO, Ill., June 20, 2024 /PRNewswire/ -- AbbVie (NYSE: ABBV) today announced that the independent directors of the board have selected Roxanne S. Austin as lead independent director, effective July 1, 2024. Ms. Austin succeeds Glenn F. Tilton, who has served as lead independent director since 2013. Mr. Tilton will continue to serve on the AbbVie Board as an independent director."One of AbbVie's great ...

Building a portfolio today can be both easy and difficult. It’s easy because every bit of data you need to make your choices is available 24/7 with a few taps on the screen. Ironically, it’s also difficult for the same reason. With so many datasets to consider and so little time, it’s hard to know which ones really matter. As a dividend growth investor, I try to cut through the noise and find what matters most, which are high-dividend stocks to buy and hold. For that, I like to look at the Dividend Aristocr ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Sc ...

AbbVie (ABBV) announced that the FDA has granted approval to its blockbuster drug, Skyrizi to treat adults with moderately to severely active ulcerative colitis (UC) in the United States.Skyrizi’s approval for the UC indication was based on data from two phase III studies, a 12-week induction study, INSPIRE1 and a 52-week maintenance study, COMMAND2. Both studies achieved the primary endpoint of clinical remission. The studies also achieved a key secondary endpoint of endoscopic improvement.Skyrizi is alrea ...

Don't sleep on the value of quality dividends.Growth stocks are the rage on Wall Street lately. Tech standouts like Microsoft, Nvidia, and CrowdStrike are regularly reaching new all-time highs. Microsoft and Nvidia pay token dividends, but the yields are well under 1%. I love growth stocks like these, but adding high-quality dividend stocks to a portfolio is also a terrific idea.Here are a few advantages of dividend stocks:Regular income. Getting a nice quarterly deposit is a great money source to pay bills ...

Approval supported by two Phase 3 clinical trials that evaluated SKYRIZI® for the treatment of moderate to severe ulcerative colitis: a 12-week induction study, INSPIRE,1 and a 52-week maintenance study, COMMAND2 Data showed that clinical remission, the primary endpoint in both the induction and maintenance studies, was achieved along with endoscopic improvement, a key secondary endpoint1,2 SKYRIZI is the first IL-23 antagonist approved for both ulcerative colitis and Crohn's disease NORTH CHICAGO, Ill., ...

vzphotos Since I last wrote about the pharmaceuticals company AbbVie Inc. (NYSE:ABBV) in March, its stock market performance has been underwhelming, with a 3% price decline. This isn't an entirely surprising short-term movement. The stock was trading at higher multiples compared with its five-year average levels three months ago. The stock's price performance was also ahead of that of the S&P 500 Health Care Index, indicating the possibility for comparative attractiveness of other stocks in the sector. Inve ...